ZoomInfo Technologies Inc.·4

May 18, 4:26 PM ET

Enright Keith 4

Research Summary

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Updated

ZoomInfo (GTM) Director Keith Enright Exercises Options, Receives RSUs

What Happened

  • Keith Enright, a director of ZoomInfo Technologies (GTM), reported exercising/converting derivatives for 19,551 shares and the subsequent disposition/settlement of those 19,551 shares on May 14, 2026. He was also granted/awarded 51,283 restricted stock units (RSUs) on the same date.
  • The derivative exercise/conversion is reported with no cash price shown (disposition reported at $0). The 51,283 RSUs are reported at $0 (typical for equity awards/compensation). These transactions appear to be compensation-related rather than an open-market buy or sale.

Key Details

  • Transaction date: May 14, 2026; Form 4 filed May 18, 2026 (timely filing; no late filing indicated).
  • Transactions reported:
    • Code M (exercise/conversion of derivative): 19,551 shares acquired and 19,551 shares disposed, price reported as $0 for the disposition.
    • Code A (grant/award/acquisition): 51,283 RSUs granted at $0.
  • Footnotes:
    • F1: Each RSU converts to one share of common stock and may be settled in shares, cash, or a combination at the issuer’s discretion.
    • F2: Some RSUs vested on May 14, 2026 (the issuer’s annual meeting date).
    • F3: Other RSUs will vest on the earlier of May 14, 2027 or the next annual meeting.
  • Shares owned after the transactions are not specified in the filing.

Context

  • Code M indicates an exercise/conversion of a derivative instrument (e.g., options or other convertible award). The filing shows the exercised 19,551 shares were reported as disposed at $0; the filing does not state any cash proceeds—this often reflects net or share-settled treatment but the Form 4 here does not specify cash received.
  • The 51,283 entries are RSU awards: some vested immediately per the filing (F2), while the remainder remain subject to future vesting (F3). RSU grants and exercises by directors are commonly compensation-related and do not necessarily indicate a change in sentiment about the company.